The market data from 7 similar recent sales in WESTWIND points to a value of approximately $287,448. To sell within a reasonable timeframe at fair market value, the $305,000 to $318,000 range is where I'd position this. At this price, the property would be the 2nd least expensive of 4 comparable homes on the market comparable homes currently on the market in WESTWIND. The 1985 construction puts this home 5 years newer than the comp average, a factor in the pricing. The active market in WESTWIND includes 4 comparable homes priced from $229,000 to $329,900. In WESTWIND, home values have risen approximately 24.4% over the past 6 months. One of the strongest data points is 901 Pack Saddle PASS, Round Rock TX 78681, adjusting to $280,955; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime.
Ed Neuhaus, Neuhaus Realty Group